Goibibo partners with PhonePe for hotel bookingsAs a part of this partnership, Goibibo will be live with their ‘Hotels’ store (microapp) on the PhonePe application to streamline travel bo...
MakeMyTrip aims to take on smaller rivals Treebo & FabHotelsThis is also the first major announcement by the Gurgaon-based company since receiving the necessary clearances from fair trade regulator C...
Ibibo: Your personal concierge at a hyper-local levelThe company plans to give their users the freedom to book their entire travel trajectory from one page and enable them to checkout in a sin...
It’s official, OYO acquires its rival ZO RoomsOYO Rooms has completed its acquisition of rival ZO Rooms, building up significant muscle to dominate in a crowded hotel aggregation market.
Late to enter ticketing business, we grew on emergent learning: Ashish Kashyap, IbiboAshish Kashyap entered the travel aggregation business when incumbent players were well entrenched. However, this has not stopped him from ...
Tribunal stays CCI fines on IndiGo, SpiceJetThe Tribunal's decision follows appeals filed by the two airlines against the Competition Commission of India (CCI) order passed in Novembe...
Oyo Rooms to acquire Zo Rooms in an all-stock dealOyo chief executive Ritesh Agarwal and Zo Rooms CEO Dharamveer Chauhan did not respond to email queries and phone calls from ET.
How online travel agencies are competing with the newer and more funds-flushed budget hotel aggregatorsFor the OTAs, slow overall revenue growth and lower margins are pushing them into the online budget aggregator space.
OYO Rooms to woo customers with new food technology venture and housekeeping serviceWith OYO Cafe, the company will aggregate its listed hotels’ kitchens to prepare food, which it will sell under its own brand.
Online travel agencies like MakeMyTrip, Goibibo, Yatra blocked OYO & Zo Rooms from their websitesThe development comes at a time when OYO Rooms and Zo Rooms gear up for mega financing rounds in order to capture the budget stays market.
Hotel aggregators Oyo Rooms and Zo Rooms gear up to raise $600 million fundingOyo has started preliminary talks to raise as much as $400 million as it looks to consolidate its lead and targets 'unicorn’ status for its...
Travel portal Goibibo launches budget accommodation platform GoStaysThe new platform will partner with the property owners to deliver a consistent experience comprising free Wifi, breakfast, AC, television a...
Goibibo launches budget accommodations platform 'GoStays'Online hotel aggregator Goibibo today launched a platform 'GoStays' to facilitate booking budget accommodations through its mobile apps.
How online travel firms like Yatra and Cleartrip are enteringing into the budget accommodation spaceExecutives at OTA have set their sights on the burgeoning budget accommodation space as travellers in India increasingly prefer small, unbr...
SoftBank invests Rs 630 crore in OYO RoomsSoftBank has picked online aggregator of budget hotels OYO Rooms for its latest investment in India, by leading a Rs 630-crore funding roun...
OYO Rooms get funding worth Rs 635 crore from SoftBank, othersThe startup, founded three years ago by college dropout Ritesh Agarwal, now 21, is expected to be valued at about $400 million (Rs 2,500 cr...
Air travel picks up, IndiGo stays on top, Jet Airways & JetLite grab second slotThe holiday season spurred a mild revival in demand for air travel and the month of May witnessed positive growth in air traffic.